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Report: Arsenal revealed to have paid £15m for Ceballos loan

According to , the loan deal bringing Dani Ceballos to Arsenal will cost the Gunners £15 million. That figure includes a loan fee paid to Real Madrid, and the wages that will be paid to the 22-year-old over the course of the campaign.

The midfielder has joined the north London outfit on a one-year loan deal. The deal does not include a purchase option that the Gunners can take up. Therefore, it is highly likely that Ceballos will be returning to the Spanish capital next summer.

(Photo by Stuart MacFarlane/Arsenal FC via Getty Images)

Considering Arsenal have only secured the Spaniard’s services for a single year, £15 million is a significant amount to be parting with. Yet, Arsenal’s desperation to replace Aaron Ramsey, who they recently lost on a free transfer, was always going to result in a costly solution.

If Ceballos steps up at the Emirates Stadium and effectively replaces the Welshman, then it will be impossible to argue that the £15 million was wasted. However, in that scenario, Ceballos’ value will also increase drastically, likely putting a permanent deal beyond the Gunners’ reach. In which case, Arsenal will be back to square one this summer.

Signing Ceballos on loan this summer may have been a solution to an immediate issue. However, it is not a long-term fix. Arsenal may find one of those even harder to come by next summer, especially if they miss out on Champions League qualification again this season.